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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: ilh1 who wrote (20822)12/30/1998 12:20:00 AM
From: PaulB  Respond to of 120523
 
Hey Prosperous

Check this site out, will not show short interest in December but there were not many shorts in November.

viwes.com

Paul



To: ilh1 who wrote (20822)12/30/1998 2:02:00 AM
From: Jenna  Respond to of 120523
 
BIKR..okay but I liked the growth potential of that one. from $0.06 for fiscal 1998 to $0.40 in fiscal 1999.. a growth of 35% estimated for the next 3-5 years.. and extraordinary volume today (13,000% more than 30 day average) Of course there is a great difference between daytrading or swing trading BIKR and holding for a possible double or triple as an intermediate or long term hold. As far as short term, it did look good to me.

There is a problem that does recur in the preponderance of 'penny stocks' that explode because of the words "E-Commerce Initiative' Frankly, about 2 months ago, I scorned these stocks but true to my 'chameleon' nature I don't fight the trend nor do I ignore what is right in front of my face.. Namely a stock like YHOO goes from 100 to 265 is not a passing fancy. It could be a precursor of things to come. Of course the road cannot be straight up, there will be drops along the way but you have to decide what you want from BIKR.. Do you want a one day double percent gain (10 to 80% ) or go for the gusto and hold... or even both.

I would NOT buy a stock that increased more than 100% in a day..but I would consider it on its next run (i.e. NM). OF course if the stock is 1 or 2k, I would weigh it like I did today with JBOH.. I saw something more there than a penny stock increasing because of the word .com tacked on to the end.

I have lost potential gains in this discipline but the key word here is POTENTIAL.. I would still rather lose potential gains than capital or real profits.